Parke Bancorp
PKBK
71 hedge funds and large institutions have $107M invested in Parke Bancorp in 2022 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 21 increasing their positions, 23 reducing their positions, and 10 closing their positions.
0.45% less ownership
Funds ownership: 43.27% → 42.82% (-0.45%)
1% less capital invested
Capital invested by funds: $108M → $107M (-$1.03M)
9% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 23
3% less funds holding
Funds holding: 73 → 71 (-2)
20% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$2.21M |
| 2 |
MI
M3F Inc
Salt Lake City,
Utah
|
+$2.21M |
| 3 |
Goldman Sachs
New York
|
+$988K |
| 4 |
State Street
Boston,
Massachusetts
|
+$493K |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$392K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
-$1.72M |
| 2 |
Millennium Management
New York
|
-$1.27M |
| 3 |
ACM
Ategra Capital Management
Vienna,
Virginia
|
-$1.11M |
| 4 |
Renaissance Technologies
New York
|
-$591K |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$457K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Marshall Wace
London,
United Kingdom
| – | -$231K | -11,000 | Closed |
|
77
Invesco
Atlanta,
Georgia
| – | -$219K | -10,459 | Closed |
|
|
JF
78
Jump Financial
Chicago,
Illinois
| – | -$210K | -10,000 | Closed |
|
79
Los Angeles Capital Management
Los Angeles,
California
| – | -$201K | -9,569 | Closed |
|
80
Lazard Asset Management
New York
| – | -$31K | -1,504 | Closed |
|
81
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$11K | -522 | Closed |
|
PKBK Hedge Fund Activity: Q3 2022 in Review
71 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Parke Bancorp (PKBK) for Q3 2022, worth a combined $107M — down 0.96% from $108M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of PKBK and 8 opened new positions — a net loss of 2 holders — while 23 trimmed existing stakes and 21 added.
The largest buyer was Hotchkis & Wiley Capital Management, opening a new position worth an estimated $2.21M. The largest seller was Basswood Capital Management, cutting an estimated $1.72M.
- 71 institutional investors held Parke Bancorp (PKBK) as of Q3 2022, down from 73 in Q2 2022.
- Funds reported $107M of Parke Bancorp stock for Q3 2022, down 0.96% quarter-over-quarter.
- 8 funds opened new Parke Bancorp positions in Q3 2022 and 10 closed out, a net change of -2 holders.
- The largest Parke Bancorp buyer in Q3 2022 was Hotchkis & Wiley Capital Management, an estimated $2.21M added.
- The largest Parke Bancorp seller in Q3 2022 was Basswood Capital Management, an estimated $1.72M sold.
Based on aggregated 13F filings for Q3 2022.